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Blog Post
April 30, 2024
The controversy around the IFC’s investment in Bridge Academies, a for-profit education provider in Africa and India, is not going away. Indeed, World Bank President Ajay Banga has committed to an external investigation of the entire fiasco. The Bridge investigation highlighted two significant accou...
April 11, 2024
Ahead of the highly anticipated World Bank-IMF Annual Meetings in Marrakesh, the Center for Global Development has unveiled a groundbreaking tool—the MDB Reform Tracker. This tracker explores how the six largest multilateral development banks are tracking against three major reform agenda:
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Blog Post
March 28, 2024
For those of us who have long been pressing for more access to data from the Global Emerging Markets (GEMs) Risk Database (here and here), the publication this week of a report on MDB loan recovery statistics is welcome validation of the market-building importance of these data and an important step...
Blog Post
March 21, 2024
As many developing countries approach universal enrollment in primary school, the World Bank has emerged as one of the most prominent advocates for a pivot “from schooling access to learning outcomes” in recent decades. The most recent education strategy of the Bank, adopted in 2011, emphasizes the ...
WORKING PAPERS
March 21, 2024
Since 2011, the World Bank’s education strategy has emphasized the need to shift focus from schooling to learning, and towards primary education with special attention to foundational skills. But this shift is not always easy to see in the actual lending data. Coding new details on 25 years of World...
Blog Post
March 18, 2024
In the field of development finance, the challenge of marshalling private investment in support of development goals is among the most vexing, and one that World Bank President Ajay Banga—a former Mastercard executive—has touted as a top priority. Early in his tenure, Banga convened a group of CEOs ...
Blog Post
February 16, 2024
As African heads of state and government meet for the 37th African Union Summit to discuss “educating and skilling an Africa fit for the 21st century,” they face stark choices forced by a stormy economic environment juxtaposed with urgent educational needs. Although the current climate might require...